June 15th is World Elder Abuse Awareness Day and the Secretary of State’s office says they are attempting to raise awareness. According to information released by Lawson’s offices, elder abuse can come in several forms.
While many think of physical abuse and neglect, mistreatment can also arise in financial matters. Elderly victims of financial abuse have lost $2.9-billion each year according to estimates.
The Secretary of State’s Office says that investment fraud is another way elderly residents can lose their life savings. Lawson is working with the North American Securities Administrators Association to help bring the tools needed to report elderly abuse.